first_img Music star’s $36m mansion has ‘rave garage’ Former PM Kevin Rudd and his wife Therese Rein. Photo: Kym Smith The beachfront Noosa mansion now owned by Therese Rein. Photo: suppliedThe Sunshine Coast trophy home had most recently belonged to Betty’s Burgers founder David Hales and his wife Louise who bought the seven-bedroom John Burgess-designed home two years ago for $15.2 million. Betty’s Burgers founder David Hales was the previous owner of the home. Photo: John McCutcheon MORE PROPERTY NEWS: What’s your suburb now worth? Former PM Kevin Rudd and Australian entrepreneur Therese Rein have bought this Noosa beachfront mansion for $17m. Photo: suppliedFormer Prime Minister Kevin Rudd and his wife Therese Rein are moving to Noosa after Ms Rein was revealed as the mystery buyer who paid $17 million for a house that was built for world number one tennis player Pat Rafter. MORE: Former Block stars Jess and Norm abandon reno plan “Now is exactly the time for Australian investors to show the confidence to invest in their local communities if they’re able to do so.”Mr Rudd, who was born in the Sunshine Coast town of Nambour, was Prime Minister of Australia from 2007-2010 and again for a brief time in 2013.“Therese and I want to be here on the Sunshine Coast because it’s our community and we love it. It’s where I grew up and it has a really bright future.” The seven-bedroom Noosa beachfront mansion that will be the Australian home of Kevin Rudd and Therese Rein. Photo: suppliedThe mansion had been on the market since November last year and sold for $3 million below its asking price. “We are genuinely delighted that Therese has invested in the Sunshine Coast,” selling agent Karen Harman of Dowling Neylan estate agents told The Courier-Mail.“This has led the way to putting confidence back in the region.’’ Dowling Neylan estate agent Karen Harman at the beachfront home she sold to Therese Rein. Photo: supplied Inside the breathtaking home.It is the second Sunshine Coast property Ms Harman has sold to Ms Rein, with a $3.1 million beach house at Castaways Beach also part of the Australian entrepreneur and humanitarian’s property portfolio. GOT MORE THAN $3M TO SPEND IN NOOSA? HERE’S WHAT YOU CAN BUY Pat Rafter bought the property back in 2006. (Photo by Scott Barbour/Getty Images)In a statement released through Kevin Rudd’s adviser Jared Owens, Ms Rein said the purchase was part of a decision to return the couple’s investments to Australia.“While Kevin was in office, we had to invest overseas to avoid conflicts of interest. We’ve now mostly brought those investments back home to Australia,” Ms Rein said. What a stunner. FOLLOW DEBRA BELA ON TWITTER Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:56Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:56 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenCOVID-19: Spring property predictions 202002:57 Former PM Kevin Rudd and Therese Rein are heading to Noosa. Picture: Kevin Rudd/Twitter“That includes investments in different Australian tech start-ups as well as residential development investment, with an emphasis on full accessibility to accommodate those with disabilities, here on the Sunshine Coast. This includes one development that has provided work for dozens of local tradies. I’m also involved in philanthropy and in mentoring young Australian businesspeople.More from news02:37International architect Desmond Brooks selling luxury beach villa7 hours agoParks and wildlife the new lust-haves post coronavirus9 hours ago Amazing views, even from the side gate.last_img